Chapter 1 Information Systems in Global Business Today.doc

5 Pages

Information Technology Management
Course Code
ITM 102
Vikraman Baskaran

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Chapter 1 Information Systems in Global Business TodayVehicle order management system has helped reduce production time and the cost of maintaining materials and finished cars in inventorywhile increasing customer service and satisfactionHas created business processes and info systems that promote agility efficiency and quality Order management system increases customer satisfaction helps monitor trends and forecast demand and production requirements more accurately Role of Information Systems in Businesses Today Cell phones blackberrys Iphones email and online conferencing has become an essential tool for businessesSocial networking sites attract 70 and 30 million visitors a month businesses are starting to use this to connect to employees customers and managers worldwideEcommerce and internet are booming internet advertising grows 25 each yearMIS is a hot topic in business due to the continual change in technology management use of technology and technologys impact on business successIn technology area there are three interrelated changes the emerging mobile digital platformgrowth of online software as a service and growth in cloud computing Emerging mobile platform help improve management and achieve competitive advantageGlobalization challenges and opportunitiesChallengesDevelop highlevel skills through education and experienceAvoid markets for goods and services that can be produced offshore much less expensively OpportunitiesCan shop in worldwide marketplace obtaining price and quality info Info systems enable globalization Extraordinary cost reduction
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